Oil Taxation Act 1983 section 11

Qualifying expenditure: definitions and modifications for relief purposes

Section 11 of Schedule 4 defines "qualifying expenditure" in relation to foreign field assets used in the UK, and explains how certain provisions of the Oil Taxation Act 1975 are to be read differently when dealing with such expenditure.

Access full legislation.And much more.

By becoming a member, your team gets full access to Tax World research tools and source-backed tax resources.